England commercial eviction ban extended until March 2022 June 16, 2021 The government has extended the commercial eviction ban until March 2022 in the wake of Monday’s decision to push back so-called freedom day to 19 July. The news, delivered in the House of Commons today by chief secretary of the Treasury Steve Barclay, will offer business some breathing space in light of Covid restrictions continuing [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 16, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. CBRE board bags ex-BlackRock real estate lead A former head of global real estate at investment heavyweight BlackRock is set to join real estate services firm CBRE in June. Marcus Sperber [...]
Ex-Barclays CEO Antony Jenkins’ BlackRock-backed fintech firm raises $187m June 16, 2021 Ex-Barclays CEO Antony Jenkins' BlackRock-backed fintech firm raises $187m
Canary Wharf boss: ‘FOMO’ will bring staff back to the office June 14, 2021 Canary Wharf boss: Government must be clear on rules, but FOMO will bring people back to the office
Goldman Sachs and JP Morgan to pay interns to quarantine in hotels June 13, 2021 Budding bankers at Goldman Sachs and JP Morgan forced to quarantine in hotels before they can begin their City careers will have their costs covered by the banks. The Wall Street titans are among the major lenders preparing to welcome another intake of new starters in the middle of the pandemic. But many of the [...]
Wall St traders ordered to keep work WhatsApp messages on record June 12, 2021 JP Morgan has asked US staff to fish out years-old text messages related to work in order to comply with strict regulatory procedures. A note sent to staff has asked employees to dig out and archive work-related messages all the way back to 2018, even when saved on personal phones, reported Bloomberg today. Read more: [...]
Arise, Sir Antonio: Former Lloyds boss Horta-Osorio amongst business figures honoured June 12, 2021 Former Lloyds boss Antonio Horta-Osorio has picked up a knighthood in the Queen’s birthday honours. The Portuguese-born banker now chairs embattled Credit Suisse. Read more: The recovery is in full swing: UK set for best growth since Second World War He was handed the title in recognition of his service to financial services and to [...]
Queen’s Birthday Honours: the full 2021 list June 12, 2021 Below the full list of names for this year ORDER OF THE BRITISH EMPIRE Knights Grand Cross of the Order of the British Empire (GBE) The Rt. Hon. Frederick Richard Penn Curzon, The Earl Howe. For political and parliamentary service. (Amersham, Buckinghamshire) ORDER OF THE BATH Knights Commander of the Order of the Bath (KCB) [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 9, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Chairman trades The Restaurant Group for the FA The Restaurant Group (TRG), which host brands like Wagamama and Frankie & Benny’s, has confirmed this week that its chairman will be stepping [...]
Rishi Sunak promises to protect the City from Brussels’ financial services bid June 8, 2021 Rishi Sunak, the Chancellor, promised that the City will remain “competitive and dynamic” even in the face of Brussels’ bid to unseat it from its crown, in a private call with banks. Sunak described the financial services industry as a “crown jewel” and, according to reports, said the country will fight to protect it. The [...]